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Olduvai III: Catacylsm
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Spotlight Turkey: Hyperinflation and Mass-Migration Crisis Inevitable

Spotlight Turkey: Hyperinflation and Mass-Migration Crisis Inevitable Turkey isn’t close to hyperinflation yet. But the path it’s on is a guaranteed way to get there. As Erdogan tightens his grip on finance and the central bank, Investors Fear Turkish Currency Crisis. The Turkish lira fell around 4% against the dollar late Monday after Mr. Erdogan […]

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Emerging Markets Masking Corporate Foreign-Debt Levels, BIS Says – Bloomberg

Emerging Markets Masking Corporate Foreign-Debt Levels, BIS Says – Bloomberg. Foreign-debt levels of companies in emerging markets from China to India and Brazil are underestimated, threatening financial stability, the Bank for International Settlements said. Companies are raising more foreign funds through their offshore affiliates and accounting practices understate the currency risk in such transactions, the Basel, Switzerland-based institution said in its quarterly report. […]

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Olduvai IV: Courage
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Olduvai II: Exodus
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